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20121202
20121210
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Search Results 0 to 17 of about 18 (some duplicates have been removed)
.60 as we wait for the pmis. the most searched terms apparently of 2012 were the u.s. election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let us thouknow. worldwide at cnkrchlt nbcnbc.co. >>> starbucks is changing the way it pays taxes in the uk this after harsh criticism of tax avoidance from the british government. more when we come back. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> words of caution from the bank of japan chief at forum in tokyo. the governor said central bankers need to take a long term policy perspective if they want sustainable g
be done during governing season. even now before we get to next year, the election year, even now it's time to focus on governing and serving people. >> booker for senate, 2013? >> again, my focus right now is trying to figure out what that next step will be that is in accordance with my values. life is about purpose, not position. my value is i want to find whatever i do that can best make a contribution to the people in the city i love and the state i love. you and i both know this because you have done some great shows on this. we live in a country that has so much work to do. we still live in a country where men and women are denied equal citizenship rights because of who they decide to love. we live in a country where we have an abject failure in war on drugs that is costing taxpayers billions and billions of dollars and locking up more people than any country on earth. we still haven't faced up to immigration policy. we still have poverty, people working full-time jobs, still below the poverty line. there is an urgency to address one simple test. when a child stands up in oakla
reason why we are seeing confidence fall. alisyn: do you think the days after a presidential election are normally filled with promise, the promise of better days ahead. there is a high from election? but this with the consumer confidence plunging how do you make sense of it so soon after the elections? >> it was a miserable election. wasn't it. the whole time we had a small conversation. the president ran a pretty negative campaign and didn't win a mandate on big stuff. he did talk about his desire to increase taxes which may go to melissa's point. but after an elect like this. there isn't that goodwill. there isn't that kind of national coming together that you might have seen for, say, bill clinton or ronald reagan and their reelection. people are pretty bummed out. alisyn: tell us what the larger issue is. does this mean people won't be spending as much on christmas gifts in how do it translate to what it means to the economy? >> it's always hard to reconcile how people feel and how they act. we know you may feel like you shouldn't spend a lot of money but when push comes to showf
. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot up to 7.5%. we know with the draghi put that that won't happen, but we don't want to think that there is only one way -- >> yesterday said, look, sort of the idea of the risk on phrase, certainly for --
still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick around. we'll get back to you as well. >>> from wall street now
after the election, we sent a plan to the president. we gave revenue, but looking for spending cuts. he took three weeks to come back to us. he's gone on still on the campaign trail, still working through. republicans have not waited to solve this problem. >> congressman is going to struggle with the numbers as mitt romney did during the debates. they don't add up. if you don't increase the tax rates on the highest 2%, you cannot generate enough revenue for deficit reduction. unfortunately, the changes in the tax code, which is republicans want to turn to will increase taxes and cut tax deductions for the middle class americans. >> all right. joining me now, contributing editor for the daily beast. we just heard from democratic senator there. does that sound like any progress has been made? as we talk about 23 days, that doesn't take into account we are looking at december 21st. if you happen to watch that on television, it looks like both sides are hardening. the cement is getting thicker. there's a growing recognition on the republican side that they have lost the debate over the high
of a presidential election and we have one on the 19th of this month. market consensus is that the bank of korea will cut key rates again in the first half of next year to perk up the economy. and in reaction to this, the korean yuan weakened against the dollar and many traders stayed on the sidelines while keeping an eye out for the possible intervention. the yuan that's gained about 9% since may is worrying to korean officials here since the economy is very much driven by its exports. ross, back to you. >> joining us for more, strategist at bnp paribas. so, look, growth came in at more than three year low. what happens to the korean yuan now? >> well, it has been quite well supported, but it hasn't been able to put the mark against the u.s. dollar. bok is worried that the yuan is a little too strong against the yen. so i think it's interception that stopped the yuan from appreciating. the macro drivers be it strong fundamentals, relatively high yielding currency, that still i think puts it in fairly good light of appreciation. >> japanese government bpds, ten year futures at a record high. med
reaction? >> i think that's reckless talk. >> you said before the election you would be able to prevent tax hikes on all americans said flatly taxes are not going up. do you still believe that to be the case? >> listen, raising tax owes small businesses is not going to help our economy and it is not going to help those seeking work. there -- i -- came out the day after the election to put revenues on the table, take a step towards the president, to try to resolve this. when is he going to take a step towards us? >> do you see some way you can agree to tax rate increase and protect small businesses at the same time? going with the 37% or some middle ground -- >> there are a lot of things that are possible to put the revenue of the president seeks on the table. none of sit going to be possible. the president -- insists on his position. insist on my way or the highway. that's not the way to get to an agreement that i think is port-au-prince the american people and very important for our economy. thanks. >> there you go. speaker always short and sweet and had that intention of coming out at 11:
, where election timing may spell budget delays. we have the story from tokyo. >> the election campaign has officially kicked off in japan, but there are worries the budget is not likely to be ready pi the end of this year. they will likely call a special session to elect a new prime minister, then select a cabinet before moving on to budget matters. once they reconvene in january, the new government would likely pass the supplementary budget first before submitting its fiscal 2013 plan in february. so a senior lawmaker predicts that the fiscal 2013 budget will not actually pass until mid may. that's more than a month into the new fiscal year. and if the government can't get the job done by the end of march, a provisional budget will be needed. opinion polls show the gap between the ldp and the ruling democratic party has been narrowing. that means if the ldp can't get their majority, these bills could be delayed even more. back to you, ross. >> all right, thanks for that. that's the late fres the nikkei. still to come, the business of entertainment in asia, it's big. going to get even
's suggestion that these are really big issues and very big decisions that should be made by our elected representatives in the senate and in the house. i'm not sure i like this idea that the president and the house majority leader, a republican, get to meet behind closed doors and get to make enormous fiscal decisions just between the two of them. >> do you think more would get done if they did this in front of the cameras? >> i actually think it should be one extreme or the other. they should either lock them behind closed doors until they get something done, let them hash it out, and then come out and announce the deal that we're not going to go over the fiscal cliff, or put everything on television. because i don't think i thought i would ever say this, but i do agree with grover nordqvist that this could give a hint about what each party is doing and who they are protecting. i think the democrats and the president would come out looking good on this, because from the very beginning they have said that they want to protect the middle class, extending middle class tax cuts. frankly, t
be elected to take his place. he won reelection, and 58 years old and had two cancer surgeries in cuba and has undergone chemotherapy and radiation reportedly and now, doctors say his return to havana for more cancer surgery is a matter of serious concern. >> a typhoon hits and now hundreds of people are feared dead. it's our top story and we go around the world in 80 seconds. the philippines, that storm leaving construction behind and a search for the missing. they're looking for signs of life under falling trees and rocks under the worst hit towns and hundreds of thousands of people outside of their homes in need of food, water and relief supplies. bangladesh. (siren sounding). >> protesters setting a bus on fire over the upcoming elections. people are using rubber bullets to the crowd of demonstrators, at least two people killed and more than 100 injured. india, a rescue operation to save bounded elephant that dot stuck in this mud put. they were working to help get him out of the bud and a similar situation, and heavy machinery to get a mama elephant and her calf out of an open wel
health care was in the news and also, of course during the last stages of the election. >> this is the first time you've chosen words the year, right? two words paired. >> what we see is that socialism had larger number of look ups but what we saw when people looked up socialism they went and compared that definition with capitalism and i want shows really a pairing of a kind. >> what were the runner up? >> there were runner ups that came from the election also. the word malarky. one of the biggest spikes when vice president biden used that. schadenfreude, the german word for damage and joy, taking pleasure in somebody else's sadness. and the word meme because of all the internet meme that came out of the deaf bait, hillary clinton's texting earlier in the year. >> think it's so interesting that socialism and capitalism came up as the words the year because the president was branded as a socialist so people were looking to the actual definition. clearly you saw a huge uptick in online searches. >> what's great about having the dictionary online the data floss two ways.
's not even the critics shooting the strongest criticism. joe manchin the re-elected senator of west virginia. >> i understand they took five, six different takes to get them act outrageously. to get it really sensational. >> reporter: he's steaming. >> what i saw is not what i see in everyday life in west virginia. >> reporter: manchin is so angry he fired off a letter to mtv defending the dignity of his state, calling for changes, something that chris christie tried in new jersey. >> "jersey shore," positive for new jersey or negative? >> negative for new jersey. >> these kids from grown up in the hills of west virginia. they live life loud and proud and we follow that adventure. >> reporter: shame says the senator from west virginia. >> is this what we're trying to promote for the sack of the almighty dollar? for the sake of tv ratings? >> mtv hasn't commented on the letter from senator joe manchin. but so much the heat might be coming off west virginia. there's a report that mtv has another show in the works following young people in washington heights, that's a neighborhood in upper manh
. the republican speaker and the president. with an election win at his back, the white house says the president won't budge on two points -- higher tax rates for the rich. the actual rate might be negotiable. and any deal has to include an increase in the debt limit, which is set to hit its ceiling in february. but one mistake the president won't make in these talks, is the one he made a year and a half ago in negotiations with boehner. he didn't keep democratic leaders in the house and senate in the loop. this time, he did. even though nancy pelosi is not at the table, she says she's on the team. >> the president knows our views. he shares our values. >> reporter: what i'm hearing from administration sources is they want republicans to agree to some of that rate increase for the wealthy in taxes. and the debt ceiling. then, the white house will start talking about how we're going to cut entitlement programs. that's not the way the republicans want the negotiations to go. but basically, the white house is saying, listen, do this and we'll go forward. >> a tough game of political chicken in wash
Search Results 0 to 17 of about 18 (some duplicates have been removed)

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